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Gold/Mining/Energy : Big Dog's Boom Boom Room

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From: GaAs52	10/18/2006 7:29:23 PM
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FWIW: Put-Buyers Hit Oil ETF By Jim Cramer About this article: Oh my, is this the Oil Service HOLDRs Trust slamdown again? The put-buyers are certainly positioning it that way. Forget the call-buyers, they tell you nothing. What matters is the monster buying of in-the-money and out-of-the-money puts and how easy it is proving to knock down the index. It makes me want to go in there and join the October 125 put-buyers. I have been suspicious of this whole move up lately. Suspicious, because the bears don't give up this easily. Sure they have been crushed of late, but they have lots of firepower to knock over an index where the natural buyers very quickly get overwhelmed. The odd thing about this group is it is always one way. On the way up it is take, take, take. But on the way down it is a vacuum. That's why if you want to buy some..

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